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#6328
San Diego Restaurants For Sale

San Diego restaurant-Near new-great concept-bargain priced

$198,888
San Diego restaurant-Near new-great concept-bargain priced
This Listing is Expired

Here is your opportunity to get in almost immediately to one of the nicest kitchens and build outs in all of North County San Diego.

This is a premier restaurant location in North County San Diego that can be turnkey for the current concept or bring your own concept, your choice!

Save big money, months and months of time and all the headaches compared to building out on your own. This restaurant is ready today!

The seller spent well over $500,000 and 12 months building this location out.

They have been open for just one year, so everything is in near new condition, the owner spared no expense, and it shows.

The seller operates two another restaurants and there is just not enough time in the day for all three. It's absentee owner run currently so lots of opportunity to improve operations.

An owner operator that could devote the necessary energy and time to this location will thrive.

It is already doing very well and an owner operator in place would maximize potential.

The current concept is very easy to learn and duplicate , so there could be a franchise type opportunity waiting for you if you wanted to open additional location down the road.

Customers love this concept as evidenced by their 4.5-star online reviews. Their extremely well-received menu drives customers in from the close by Mira Mesa and Scripps ranch areas, showing just how popular and loved their menu is.

Located in one of the busiest centers in Poway, all the big-name restaurant tenants are already in the center, drawing huge customer counts into the area located on the main road in this city .

After a year of operations, they have their sales up to an average of 70k per month and that is with only being open for business six days per week!

First quarter seller prepared PNL shows net income of approximately 25K!  That is with an absentee owner, huge bottom line improvements would happen with one or more working owners in place.  

Want to see a big sales increase? Simply open up a 7th day and there it is!

The kitchen has the gold standard Rational icombo oven (cost over 20k) an extra-long hood system with fire suppression, six burner stove. double fryer, cold prep table and more.

They have both a walk-in cooler and walk in freezer already in place.

The kitchen is built to handle high volume.

The restaurant space is 2250 sq feet with a shared outside patio area.

The rent is 7316/month plus 3600 CAM (includes water). All in rent is just under 11k.

The current lease term expires April 2032 with two five-year options. The restaurant space is yours for a long time.

Come by today to see if this restaurant is the one you have been waiting on.

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
expires 4-2031 with two five year options
Total Monthly Rent:
$7,316

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
2
Hours Open:
11-8 Sun-Tues and Thursday
11-9 Fri and Sat
closed Wednesday
Year Established:
2022
Hood System Type 1:
Yes

Facilities

Indoor Seating:
48
Outdoor Seating:
30
Inside Sq. Ft.:
2,250
Outside Sq. Ft.:
1000

Highlights

  • Near new construction
  • Keep or change current concept
  • Popular and easy to duplicate current concept
  • High traffic road location
  • Very busy shopping center
  • Ready NOW!
  • Great reviews for current menu concept

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 48,324 96,962
Households 3-mi. 5-mi
2010 Number Of Households 16,164 36,427
2010 Persons Per Household 2.93 2.60
Median House Value $495,800 $493,297
Income Per Household $93,750 $93,072
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,568 2,743
2012 Number Of Employees 61,276 103,786
2012 Total Annual Payroll $1,854,371,000 $3,302,069,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.

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